A Bitcoin whale has made waves by acquiring $200 million worth of BTC, just weeks after offloading over 11,400 coins.
According to Arkham Intelligence, the purchase on March 24 boosted the investor’s total holdings to more than 15,000 BTC, valued at approximately $1.3 billion. This move follows a period of selling in February when Bitcoin traded between $100,000 and $86,000.
Recent price action suggests renewed confidence, with Bitcoin fluctuating between $81,000 and $88,000 over the past week.
Another long-dormant whale also resurfaced, shifting over 3,000 BTC—worth $250 million—on March 22 after eight years of inactivity. The value of this stash has skyrocketed from $3 million in early 2017 to its current quarter-billion-dollar valuation.
Meanwhile, BlackRock has been steadily increasing its Bitcoin reserves, adding 4,054 BTC across multiple transactions. This brings its total holdings to nearly 574,000 BTC, worth over $50 billion.
The asset manager’s iShares Bitcoin Trust (IBIT) has also led a recovery in the U.S. spot Bitcoin ETF market, recording $744.4 million in net inflows, with the majority coming from IBIT and Fidelity’s FBTC.
Ethereum has also seen notable activity, with a single whale accumulating 7,074 ETH—worth $13.8 million—on March 21. While Ether remains far below its 2021 all-time high of $4,878, rising interest among large holders has fueled an increase in the number of addresses holding at least $100,000 in ETH, which grew from 70,000 to 75,000 in March.
Oslo-based seabed-mining firm Green Minerals is shifting its treasury reserves from kroner and dollars into bitcoin, calling the move a hedge against inflation and geopolitical risk.
Global crypto funds just logged a tenth straight week of fresh capital, pulling in another $1.24 billion even as prices slid and geopolitics turned tense.
Investor and entrepreneur Anthony Pompliano is rolling his private outfit, ProCap BTC LLC, into blank-check firm Columbus Circle Capital to form ProCap Financial, a new Nasdaq-listed business built around Bitcoin.
The tech-turned-Bitcoin play Strategy (formerly MicroStrategy) has quietly scooped up another batch of BTC, its eleventh consecutive weekly buy, undeterred by the market’s slide below $100,000.